Latest Cars

Fiat Chrysler meets US investors after launching bond, share offers
Latest Cars

Fiat Chrysler meets US investors after launching bond, share offers

People wait for the arrival of Sergio Marchionne, chief executive officer of Fiat Chrysler Automobiles (FCA), before he rings the closing bell to celebrate the company's listing at the New York Stock Exchange October 13, 2014.

By Staff Reporter

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BMW expects further sales growth in 2015

BMW expects further sales growth in 2015

Germany's BMW (BMWG.DE) expects its luxury car sales to increase in 2015, building on this year's solid expansion, even as economic growth in core European markets stalls and geopolitical risks persist.

By Staff Reporter

Volkswagen to give more power to brands, regions

Volkswagen to give more power to brands, regions

Volkswagen (VOWG_p.DE) will hand more power to brand managers and regional bosses, its labor leader told Reuters, as Europe's biggest carmaker looks to address underperformance in markets such as the United States and Brazil.

By Staff Reporter

Ford expands U.S. recall of Takata air bags

Ford expands U.S. recall of Takata air bags

Ford Motor Co (F.N) said it will expand a U.S. recall of vehicles with Takata Corp (7312.T) passenger-side air bags, becoming the latest carmaker to do so in response to the regulator's request.

By Staff Reporter

Daimler to pick Mercedes sales chief for management board role: report

Daimler to pick Mercedes sales chief for management board role: report

Daimler (DAIGn.DE) plans to appoint Mercedes sales chief Ola Kaellenius to its management board as the German carmaker lines up potential candidates to succeed chief executive Dieter Zetsche, Bilanz magazine reported on Wednesday.

By admin

Exclusive: Takata investigated defective air bag inflator as early as 2003

Exclusive: Takata investigated defective air bag inflator as early as 2003

As early as 2003, Takata Corp (7312.T) ran an investigation into an air bag inflator that ruptured in a BMW (BMWG.DE) vehicle, but concluded the problem was an anomaly, the company said on Tuesday, ahead of a second U.S. congressional hearing on dangerous air bags it supplied.

By admin

U.S. says Takata response to nationwide air bag recall order 'disappointing'

U.S. says Takata response to nationwide air bag recall order 'disappointing'

U.S. auto safety regulators said Takata Corp's response to an order to expand a recall nationwide was "disappointing", criticizing the Japanese auto parts supplier for shirking responsibility over its potentially deadly air bags.

By admin

GM says November China auto sales up 5.3 percent year-on-year

GM says November China auto sales up 5.3 percent year-on-year

General Motors Co (GM.N) and its Chinese joint ventures sold 310,094 vehicles in China in November, up 5.3 percent from the same month a year earlier, the U.S. automaker said on Wednesday.

By admin